Justin Da Rosa is a journalist with Canadian Mortgage Professional.
Just prior to the Bank of Canada’s rate announcement four industry leaders predicted where rates will go within the next 30-45 days, and a consensus was reached.
CBC’s Marketplace went undercover to one big bank to see how transparent it was about collateral mortgages and the fine print associated with them.
With another rate announcement around the corner, what are brokers expecting and how are they planning to capitalize on whichever decision the Bank of Canada makes?
In a trend that is not unique to Canada’s hottest housing market, construction and unabsorbed housing units increased across the country in January, according to the latest report released by CMHC.
Brokers are questioning how much foreign investment is expected to flood the Canadian housing market, despite one prediction from a major economist.
Credit unions are slowly earning their chunk of the mortgage market, but brokers warn of the potential pitfalls of not knowing the limitations and carefully reading the fine print.
When it comes to porting a mortgage one type of lender reigns supreme, according to a recent poll.
The slight lull in one of Canada’s largest condo markets may soon come to an end, with the big banks refocusing on lending in that very segment.
Brokers are still struggling with self-employed clients for a number of different reasons.
Many of Canada’s foreign investors hail from China, but political uncertainty in other parts of the world could bring a wave of investment from two countries in particular.